Majestic Realty Co. adds Michael Kapoor to assist with growing Commercenter portfolio in Aurora
Majestic Realty Co.
by Press Release on 06-26-2018
AURORA, CO – Majestic Realty Co. today announced the addition of Michael Kapoor to its development team at the Majestic Commercenter. An attorney with experience across commercial real estate business and legal elements, Kapoor will serve as an ownership representative and help manage and grow the company’s portfolio at the 1,500-acre industrial park located at the intersection of I-70 and Tower Road in Aurora.
Kapoor joins Majestic from the Brownstein Hyatt Farber Schreck law firm. He will provide oversight on all aspects of the park’s development from proposals and lease agreements to entitlements and future development opportunities within what has been the City of Aurora’s largest industrial development over the past two decades.
“With the magnitude of our park – now 40-plus tenants and 5 million square feet of warehouse and distribution facilities – we know that Michael adds a set of skills and experience that will help ensure that we’re taking care of our tenants with the level of care and service that Majestic has built over seven decades,” said Majestic Realty Co. Executive Vice President, Randy Hertel. “Having the chance to work with and get to know him over the past several years, I know he is a critical thinker with tremendous attention to detail. His relationship building and ability to make deals work for all parties involved will be critical to our long-term success.”
The Majestic Commercenter is home to 50 companies and more than 3,000 employees. Since purchasing the park in 1995, Majestic Realty has invested more than a quarter of a billion dollars in the Aurora market through its buildings and land acquisitions, including its 2015 acquisition of an additional 500 acres directly adjacent to the original Commercenter park.
Most recently, Majestic completed construction of a 701,900-square-foot speculative building, nicknamed the “Big Bomber” which is immediately available and divisible to 150,000 square feet.
About Majestic Realty Co.
Celebrating its 70th Anniversary in 2018, Majestic Realty Co. is the largest, privately-held developer and owner of master-planned business parks in the United States. With more than 78-million-square-feet in its portfolio, Majestic provides real estate solutions for tenants large and small, creating jobs, tax revenue and community benefits across the country. Headquartered in Southern California, Majestic has regional offices in Atlanta, Bethlehem, Penn., Dallas, Denver, Fort Worth and Laredo, Texas, Las Vegas and Phoenix, Ariz.